Is it time for “panic” or “exaggeration”? Wall Street weighs how Sussek changes artificial intelligence transactions
On Monday, with the absorption of the investment community, it was reported that the announcement of the Chinese artificial intelligence model is reported, and AI stocks have fallen into a full time, and began to question the huge expenditure of artificial intelligence infrastructure in the West.
China AI startup Deepseek released a new AI model called R1 last week. He is an OpenAI competitor. Analysts believe that the cost of the DeepSeek model is much lower than the OpenAI model. DeepSeek recently said that it only spent $ 5.6 million to train another training in its latest model V3, and Openai spent more than $ 100 million to train its GPT-4 models.
NVIDIA (NVDA) fell nearly 17 % on Monday, shaved hundreds of billions of dollars from the AI chip giant's market value, and increased the short selling of more than $ 5 billion according to the data of S3 Partners.
At the same time, the high -end micro -micro equipment (AMD) of competitors fell by 6 %, while Broadcom (AVGO) fell more than 17 %. The wider market has also suffered suffering: On Monday morning, the Standard Purcera 500 Index (^GSPC) fell 1.5 %, and the heavy technology Nasdaq (^I Tike) fell by 3 %.
Gil Luria, an analyst at Da Davidson, told Yahoo Finance in an email: “The performance of the DeepSeek model developed in China may have a very far -reaching impact on the American AI company.” ” The price of DeepSeek's model and the most advanced model developed in the United States is a small part.
He added: “This means our large and large -scale (such as Microsoft (MSFT), Amazon (AMZN), Google (Google) and other (S) may seriously invest in its data centers.” “If the company It is impossible to use a small calculation to run the AI model, then they do not need hundreds of thousands of NVDA GPU data centers. “
Analyst of Raymond James, Srini Pajjuri, responded to these views in the end of Sunday.
Pajjuri wrote: “Deepseek obviously does not have the calculation as obtained as a large American rateder, and in some way, it develops a model that looks very competitive.”
US President Donald Trump announced a company supported by OpenAI, SoftBank and Oracle (ORCL) last week. The company will immediately invest US $ 100 billion in US AI infrastructure (ie data centers) and be at The next four years cost an additional $ 400 billion. Shortly after the announcement, Meta said it would increase its capital expenditure to $ 65 billion in 2025.
CFRA analyst Angelo Zino said on Monday: “We believe that investors should take China's innovation seriously because it questioned whether the current capital expenditure/technology upgrade is necessary.”
He added: “We believe that increased risk may lead to the leading chip manufacturer compression multiple. The most risky of which is NVDA, MRVL, AVGO, AMD and MU.”
